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Tax Treatment?, page-4

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Crinumstarter

61 Posts.

10/02/15

12:18

Post #: 14728090
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Originally posted by Galba ↑

Here's a humourous one.. I held this from ages, when i started out as a rookie investor. Far from saying I'm a professional now, not even close, but my now $2200 stake (yes if you can believe, @ 54c! in 2010) is worth $12 at the current market price now..

What can I do? I would have to pay commsec to sell this stock as the brokerage of $20 puts me into negative $8. Can i write the value off of this in tax treatment terms or do I have to officially have to sell the stock?

Seriously guys if somebody wants my 4000 shares for free let me know

Thanks guys, hopefully someone gets a laugh out of this

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Send $112 to Cockatoo Coal. They will send you shares worth $157 at todays price, and about $300 at a realistic price.

COK Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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